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BingX fees and review

A derivatives venue built around copy trading, with competitive futures fees and a referral programme that works differently from the rest.

Referral code

Registering through this link applies the code automatically. Confirm it appears on the registration form before submitting.

Restricted countries

United States, Canada, United Kingdom, Singapore

BingX trading fees

Standard-tier rates. What a newly created account pays before any volume or token discounts.

SpecificationsMakerTaker
Spot0.10%0.10%
Futures0.02%0.05%

Rates change. Confirm on the official fee schedule before funding an account. Terms verified Aug 15, 2026

BingX advertises up to 50% commission to affiliates, paid Daily. The discount above is the portion passed on to you.

Review

BingX has spent most of its existence positioning itself around social and copy trading rather than raw liquidity, and that is the honest way to read it. Its order books are not in the same class as Binance or OKX on major pairs, but its copy-trading product is more central to the platform than the bolted-on equivalents at larger venues. You can browse traders by realised return, drawdown and follower count, and mirror their positions proportionally to your own balance.

The fee schedule is competitive where it counts. Spot is 0.10% maker and taker, which is the industry default and beaten only by MEXC here. Futures are 0.02% maker and 0.05% taker, matching Binance, OKX and Gate exactly and undercutting Bybit, Bitget and KuCoin on the taker side. Since perpetual futures are where active traders generate almost all of their fee spend, that is the number worth weighing.

The referral programme is structured differently from every other exchange on this site, and the difference matters enough to state plainly. Binance, OKX, Bitget and Gate.io all publish a fixed percentage discount that a code applies to the invitee's fees. Sign up with a code, pay 20% less, permanently. BingX does not. It pays the referrer a commission that starts at 10% and scales with referral activity toward 50% for affiliates, and then offers a feature that lets the referrer allocate part of that commission back to the person they invited as a trading-fee rebate.

The practical consequence is that a BingX code's value to you depends entirely on whether the person sharing it configured a rebate allocation, and on whatever signup campaign happens to be running. That is why the calculator on this site shows no standing discount for BingX while it shows 20% for Binance: we are not going to put a number we cannot verify into a comparison. If you are choosing between venues purely on guaranteed fee reduction, the exchanges with a published fixed discount are the more predictable choice.

Copy trading also deserves a warning that BingX's own marketing will not give you. Past returns on a leaderboard are selected by survivorship — the traders shown are the ones who have not blown up yet, and a strategy that has run for four months in a trending market tells you very little about how it behaves in a reversal. Copy trading does not reduce leverage risk; it delegates the decision to someone whose position sizing you cannot see and whose incentives are tied to attracting followers rather than to your capital.

What it does well

  • Futures fees of 0.02% maker and 0.05% taker match the cheapest venues on this page
  • Copy trading is a first-class product rather than an afterthought, with filterable trader statistics
  • Around 1,000 listed assets, including a steady flow of newer listings
  • Korean-language interface and broad fiat on-ramp coverage
  • Commissions settle daily, which is faster than several larger competitors

Where it falls short

  • No published fixed fee discount for invited users, unlike Binance, OKX, Bitget and Gate
  • Spot fees of 0.10% are beaten by MEXC here
  • Order book depth is well behind Binance and OKX on major pairs, so large orders cost more in slippage
  • Copy-trading leaderboards are survivorship-biased and routinely mistaken for a risk-reduction tool
  • Not open to US residents, and restricted in several other jurisdictions

How to register with the BingX code

  1. Register through the invite link

    The code has to be attached when the account is created. BingX will not apply one to an existing account, and support cannot add it afterwards.

  2. Check what the code actually gives you before relying on it

    BingX has no fixed invitee discount, so the benefit depends on the current campaign and on whether the referrer allocated part of their commission back. Confirm what is credited in your account rather than assuming a percentage.

  3. Complete identity verification

    KYC is required before withdrawals and before most trading limits are lifted. Have a government photo ID ready.

  4. Set position limits before touching copy trading

    Cap the amount allocated to any single copied trader and set your own stop conditions. Copying a leveraged strategy inherits its full downside, and the leaderboard does not show you the accounts that were liquidated.

BingX at a glance

Founded
2018
Headquarters
Singapore
Listed assets
1,000+
Max leverage
150x
KYC
Required
Fiat currencies
USD, EUR, TRY, BRL, VND
Korean interface
Yes
Restricted countries
United States, Canada, United Kingdom, Singapore

BingX FAQ

What are BingX futures fees?
0.02% for maker orders and 0.05% for taker orders on perpetual futures at the standard tier. That matches Binance and OKX and is cheaper on the taker side than Bybit, Bitget or KuCoin. VIP tiers reduce it further based on 30-day volume.
What are BingX spot fees?
0.10% for both maker and taker at the standard tier, which is the common industry rate. Only MEXC is cheaper on spot among the exchanges compared here.
Is BingX copy trading safe?
It carries the same risk as trading the underlying strategy yourself, with less visibility. Leaderboards show traders who have survived so far, not those who were liquidated, and a strong recent record in a trending market says little about behaviour in a reversal. Treat any allocation to a copied trader as capital you can afford to lose entirely.